AgroSingularity
Avenida del Rocío 16, 3E, Murcia, 30007, Spain
Overview
Agrosingularity develops food‑industry ingredients made from the mermas (waste) of local fresh fruit and vegetable production, producing natural aromas, colors, plant fibers, proteins and replacements for artificial additives. The company operates a production Hub in Murcia, plans a second Hub in Navarra and expects a third international Hub in 2022, following a "glocal" manufacturing model that leverages local biodiversity. Its customers include food manufacturers and biotech firms, and it has a strategic partnership with Brenntag, working in Iberia and expanding into Italy. Founded in July 2019, Agrosingularity has commercialized around twenty products and is evolving its ingredient portfolio further. Financially, the company reported €100,000 revenue in 2020 and projected more than €1.5M for 2021, targeting recurring revenue of €10M within three years. The team has recently doubled headcount and strengthened business development, finance, operations and product roles to support scale and international expansion.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Apr 2021
Industries
- Agriculture
- AgTech
- Food Processing
- Sustainability
Recent funding
Seed
Apr 2021
$1M